Spending patterns of the super-rich have change a lot, tells business analyst Shaun Rein at CNN, Now they focus on both art and exclusive travel. Sales of luxury goods are dropping, and many blame Xi Jinping´s anti-corruption drive, but the rich just make different choices, says Rein.Read More →
Fast moving changes among China´s ultrarich, business analyst Shaun Rein noted when he recently joined a millionaire on a trip to South Africa. Travel is hot for the rich, sharing their experiences over WeChat. Bling is out, feeling good is in, he tells at CNN.Read More →
Wealth creation in China has been amazing in the past decade, says China-rich list founder Rupert Hoogewerf at CNN. He traces now 360 dollar billionaires in China, up from only one. But the real number might be three times that figure, and 15% might actually vampire millionaires, whose wealth would vaporize if they would face day light.Read More →
The Hurun Report analyzed eight major trends of Chinese investors into the UK. Its founder, Rupert Hoogewerf focuses on private investments, who dominate China´s outbound investments. Here´s Hoogewerf´s list of leading Chinese companies, for 4Hoteliers.Read More →
The Antarctic and the Maldives are just two of the travel destinations preferred by China´s rich, who increasingly book their own trips. Those are just a few of the conclusions of the Hurun Chinese Luxury Traveler 2015, a 40-page report on the travel trends of the Chinese luxury high net worth individual, Hurun founder Rupert Hoogewerf tells Mice News.Read More →
Billionaire Bill Gates has tried in vain to engage his Chinese counterparts to spend more on charity. China Rich List founder Rupert Hoogewerf explains in Knowledge CKGSB why China´s wealthy give no priority to philanthropy.Read More →
The world looked up surprised when the Tiens Group took 6,500 of its employees to Paris and the Cote-d´Azur, but for China rich-list founder Rupert Hoogewerf says in IBT that this move fits into a tradition. More surprising is that an international company like Tiens has stayed so long under the Western radar.Read More →
The Hurun 2015 Philanthropist List does not only look at who is giving, but also has a good look at what they are giving too. Founder Rupert Hoogewerf gives for Barrons an overview. China would be better off if they would invest more in socially responsible businesses, he says.Read More →
In China, Alibaba´s executive chairman Jack Ma, is the most generous philanthropist, according to the l2015 Hurun Philanthropy List, writes Yibaba. His donations amounted to 14.5 billion yuan or 2.4 US dollar. The Hurun Philantropy List is produced by Rupert Hoogewerf´s China Rich List.Read More →
China´s super rich focus on the larger private planes, not the relative smaller ones, says China-rich list founder Rupert Hoogewerf in the South China Morning Post. “If we liken it to cars, they’re buying Porsches first and later considering Audis,” Hoogewerf said.”Read More →
China´s counts 2.9 million buyers of luxury products, and most of them make already their purchasing decision before they leave home, says China Rich-List founder Rupert Hoogewerf, according to WARC. Online presence is key for luxury products.Read More →
China´s rich used to invest mostly alone abroad, but according to China rich-list founder Rupert Hoogewerf, a new trend is developing: co-investing. “I think gone are the days when it was all about ´me´, he told the China Daily.Read More →